Introduction Of facility of payment of rebate/refund claim amount directly to Exporters Bank account instead of issuance of cheques

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....ub:- Introduction Of facility of payment of rebate/refund claim amount directly to Exporters Bank account instead of issuance of cheques - reg. 1. Attention of the members of Trade, Industry and all concerned is invited to the subject matter mentioned above. At present, as a matter of practice, the amounts sanctioned towards rebate/ refund claims are being sent through cheques, which are deliver....

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....er: i. For all fresh claims filed on or after 1st June, 2012, the claimants shall provide one tune authorization in duplicate in the format annexed to this Trade Facilitation Notice in original. ii. For all pending claims where rebate orders have not been Issued, the claimants shall provide the necessary authorization by 20th June, 2012. If the authorization has been submitted (in original) ....

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....d amount quantified in the above manner, the bank would make payment to the respective claimants in their accounts through NEFT/RTGS after deducting the applicable NEFT/RTGS charges as per RBI guidelines. The said Bank will forward a scroll Indicating the Name of Bank, Branch, A/c No and the total amount transferred, after deducting the applicable Bank charges to relevant Central Excise and Servic....